Strategy Balance Sheet
NASDAQ: MSTRTechnologyComputer Software: Prepackaged SoftwareUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Strategy financial position
At the end of fiscal 2025, Strategy reported total assets of $61.64 billion, up 138.5% from a year earlier against total liabilities of $10.60 billion. Shareholders' equity stood at $44.12 billion, or 71.6% of assets. The company held $2.30 billion in cash and equivalents against $8.19 billion of debt, a net debt position of $5.89 billion.
The current ratio (current assets divided by current liabilities) was 5.62, meaning short-term assets cover obligations due within a year. Debt-to-equity was 0.19.
Summary generated from market data by MetaCap's automated system. Methodology
Strategy balance sheet (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 2.30B | 38.12M | 46.82M | 43.84M | 63.36M | 59.67M | 456.73M | 109.92M | 420.24M | 401.98M |
| Short-Term Investments | 0 | — | — | 0 | 0 | 0 | 108.92M | 466.19M | 254.93M | 187.41M |
| Receivables | 205.75M | 181.20M | 183.81M | 189.28M | 189.28M | 197.46M | 163.52M | 171.36M | 165.36M | 83.32M |
| Total Current Assets | 2.56B | 252.32M | 267.89M | 264.57M | 267.96M | 272.62M | 753.45M | 778.40M | 860.65M | 684.99M |
| Property, Plant & Equipment | 28.86M | 26.33M | 28.94M | 32.31M | 36.59M | 42.98M | 50.15M | 51.92M | 53.36M | 57.44M |
| Total Assets | 61.64B | 25.84B | 4.76B | 2.41B | 3.56B | 1.47B | 916.57M | 855.77M | 933.22M | 768.32M |
| Accounts Payable | — | — | — | — | — | — | — | 33.68M | 30.71M | 36.63M |
| Short-Term Debt | 31.31M | 517.00K | 483.00K | 454.00K | 0 | — | — | — | — | — |
| Total Current Liabilities | 456.49M | 355.38M | 323.27M | 317.40M | 311.99M | 285.62M | 269.82M | 258.27M | 270.94M | 185.49M |
| Long-Term Debt | 8.16B | 7.19B | 2.18B | 2.38B | 2.16B | 486.37M | — | — | — | — |
| Total Liabilities | 10.60B | 7.61B | 2.60B | 2.79B | 2.58B | 912.57M | 408.01M | 326.04M | 327.49M | 216.14M |
| Shareholders' Equity | 44.12B | 30.98B | 2.16B | -383.12M | 978.96M | 446.19M | 508.56M | 529.73M | 605.73M | 566.32M |
| Retained Earnings | 6.32B | -2.17B | -999.23M | -1.43B | 41.44M | 575.97M | 583.49M | 549.13M | 526.63M | 494.11M |
| Total Debt | 8.19B | 7.19B | 2.18B | 2.38B | 2.16B | 486.37M | — | — | — | — |
| Net Cash (Debt) | -5.89B | -7.15B | -2.14B | -2.34B | -2.09B | -426.69M | 565.65M | 576.11M | 675.17M | 589.38M |
This table shows 10 annual periods of Strategy's balance sheet, from FY 2025 back to FY 2016, across 15 line items including cash & equivalents, short-term investments, receivables. Values in USD; B = billions, M = millions. Fiscal periods follow MSTR's reporting calendar. What is a balance sheet?